ADX 0.00% 10.5¢ adx energy ltd

2P Developed Producingand Non-ProducingReserves RISC CPR NPV (...

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    2P Developed Producingand Non-ProducingReserves RISC CPR NPV ( using Oil price forecast of US$65/bbl (€55/bbl) flat from 2021 onwards) EUR 15.9 million or Aust appx $25.3 million.


    qtr end cash Aust $5,939,000

    qtr end borowings Aust $4,388,000 at various rates 0% to 6%


    Market cap around $22.3 million now.


    Other assets YES , (I think quite a few)

    Potential upside YES, (I think quite a lot)


    Fair market price per share You work it out , I have done my calculations!!!



 
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